intelligent transport systems provider Journeo has posted first-half revenue of £37.6 million, marking a 53% increase from the same period last year.
According to Investing.com the Leicestershire-based company’s adjusted profit before tax reached £3.0 million for the six-month period, up 10% year-over-year. Diluted earnings per share climbed 9% to 13.60 pence in the first half of 2026. Gross profit for the period totaled £14.52 million. The company’s cash position decreased following a £10.7 million acquisition of Crime and Fire Defence Systems.
Revenue growth stemmed partly from the Crime and Fire Defence Systems acquisition, which added to Journeo’s newly formed Infrastructure Protection segment. The Information Systems division benefited from government funding allocated to transport infrastructure projects and new contracts secured from local authorities.
The Integrated Services division saw revenue decline 2% due to postponements in new bus orders and supply chain difficulties, with some revenue pushed to the second half of the year.
Journeo stated it remains on course to deliver full-year results aligned with market expectations. The company anticipates stronger second-half performance from both its Integrated Services and Information Systems divisions.
The sales opportunity pipeline expanded to £200 million as the company entered the second half of the year.
(Picture: Journeo)
